FinTech Magazine - May 2023 | Page 18

“Restaurants have been incredibly resilient but they continue to struggle with staff shortages , food inflation , and how to engage their team ”

Despite the challenges of the past few years , restaurants are beginning to bounce back . More consumers are dining out again , and food delivery is a long-term trend that will prevail because of its overwhelming convenience to customers . Inflation poses a new threat – both in terms of business rates , but also consumer budgets facing greater pressure – though research from restaurant marketing company Popmenu suggests that almost 60 % of US consumers were dining out more last year , despite rising menu prices .
Toast continues to add more restaurants Toast ’ s system helps restaurateurs to reduce ticket times by up to 40 %, connecting the kitchen with the frontof-house to ensure that no tickets are
18 May 2023